- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-12-0000007

About Suryodaya Textiles Limited
Data last updated:
Suryodaya Textiles Limited is a public limited company based in Meerut, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U17301UP2004PLC029336. Its GSTIN is 05AAJCS0502M1ZH (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.25 Cr. It is led by directors including Puneet Dewan (Managing Director) and Shiven Dewan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 54 – A Saket Civil Lines, Meerut, Uttar Pradesh, India – 250003.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.87 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹3.75 Cr (net margin 6.8%) and EBITDA of ₹3.74 Cr (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 229 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suryodaya Textiles. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹58.95 Cr on record. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in September 2023. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 3 smaller; the largest is Rajeshwari Cotspin Limited with revenue of ₹77.49 Cr.
Suryodaya Textiles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0000007). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryodayatextiles.com.
Company details
CIN history
Suryodaya Textiles has one previous CIN (Corporate Identification Number): U17301UP2004PTC029336. The current CIN is U17301UP2004PLC029336, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17301UP2004PLC029336 | Current |
| U17301UP2004PTC029336 | Previous |
Recognitions & Rankings of Suryodaya Textiles
Contact details
Suryodaya Textiles Limited's registered office is in Meerut, Uttar Pradesh. Its website is suryodayatextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address54 – A Saket Civil Lines, Meerut, Uttar Pradesh, India – 250003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Suryodaya Textiles Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Suryodaya Textiles operates one associated brand: Suryodaya Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality organic and conventional carded yarns using advanced technology. | suryodayatextiles.com |
Financials of Suryodaya Textiles Limited
FY 2025 filings availableSuryodaya Textiles Limited reported revenue of ₹54.87 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 29% fall in the latest year. EBITDA fell 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Suryodaya Textiles Limited, buy the company report.
Board of directors of Suryodaya Textiles Limited
Suryodaya Textiles has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiven Dewan | Director | 07 Aug 2023 | 3 Years 3 Months | Current |
| Prashant Jha | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
| Puneet Dewan | Managing Director | 16 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Suryodaya Textiles Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajeshwari Cotspin Limited | ₹77.49 Cr (FY 2024) | 54.0% | Ahmedabad, Gujarat, India | |||
| GL Tradex Private Limited | ₹77.38 Cr (FY 2025) | 24.0% | Surat, Gujarat, India | |||
| Saravanagiri Spinning Mill Private Limited | ₹77.33 Cr (FY 2025) | 11.0% | Erode, Tamil Nadu, India | |||
| Mansha Jute Private Limited | ₹77.25 Cr (FY 2024) | 6.0% | Katihar, Bihar, India | |||
| Sanimo Polymers Pvt Ltd | ₹77.24 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Juelle Retail Private Limited | ₹77.22 Cr (FY 2024) | 5.0% | Ludhiana, Punjab, India | |||
| Ratnapriya Dyeing and Printing Mills Private Limited | ₹77.15 Cr (FY 2024) | 7.0% | Surat, Gujarat, India | |||
| A P A Textiles India Private Limited | ₹77.09 Cr (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| Suryodaya Textiles Limitedthis company | ₹54.87 Cr (FY 2024) | ₹3.75 Cr | 6.8% | -29.0% | 229 | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Suryodaya Textiles Limited, buy the company report.
Auditor
Suryodaya Textiles Limited is audited by BASANT K. SHARMA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASANT K. SHARMA & CO | FY 2024 | 007042C |
Shareholding
The shareholding of Suryodaya Textiles Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suryodaya Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2024 | 100960519 | Yes Bank Limited | ₹10 Cr | Open | |
| 27 May 2011 | 10289183 | S. E. Investments Limited | ₹1 Cr | Satisfied | |
| 07 Jul 2010 | 10299308 | Union Bank of India | ₹5 Lakh | Satisfied | |
| 23 Oct 2007 | 10080372 | Jm Financial Asset Reconstruction Company Private Limited | ₹21.95 Cr | Satisfied | |
| 16 Oct 2007 | 10080064 | Jm Financial Asset Reconstruction Company Private Limited | ₹28 Cr | Satisfied |
To see the full charge records of Suryodaya Textiles Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Suryodaya Textiles Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in September 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: G K Fincap Limited , 3 individuals |
| Mar 2011 | Funding round | ₹62.5 Lakh | Investors: Rolex Merchants Private Limited |
| Feb 2008 | Funding round | ₹8.3 Cr | Investors: Rolex Merchants Private Limited , 3 individuals |
To see the full deal history of Suryodaya Textiles Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Suryodaya Textiles Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suryodaya Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suryodaya Textiles Limited has a workforce of 229 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Suryodaya Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAJCS0502M1ZH | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suryodaya Textiles Limited, buy the company report.
Recent activity
Suryodaya Textiles Limited has 13 board changes on record since 2004: 3 appointments and 10 cessations. The latest: Shiven Dewan ceased to be Additional Director on 29 Sep 2023.
19 earlier events are in the company report.
Frequently asked questions
Suryodaya Textiles is an active public limited company based in Meerut, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 December 2004 (22+ years old) and is registered under CIN U17301UP2004PLC029336.
Suryodaya Textiles has 3 current directors:
- Puneet Dewan - Managing Director
- Shiven Dewan - Director
- Prashant Jha - Director
The latest financial statements of Suryodaya Textiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suryodaya Textiles is 05AAJCS0502M1ZH, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Suryodaya Textiles is U17301UP2004PLC029336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suryodaya Textiles was incorporated on 16 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kanpur.
Suryodaya Textiles has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹8.92 Cr; the latest was in September 2023.
The peers of Suryodaya Textiles by revenue are Rajeshwari Cotspin Limited, GL Tradex Private Limited, Saravanagiri Spinning Mill Private Limited, Mansha Jute Private Limited, Sanimo Polymers Pvt Ltd and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shiven Dewan ceased to be Additional Director on 29 Sep 2023. Shiven Dewan was appointed as Director on 07 Aug 2023. Prashant Jha ceased to be Additional Director on 30 Sep 2022. Suryodaya Textiles has 13 board changes on record in total.
Yes, Suryodaya Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-12-0000007).
Suryodaya Textiles can be reached through the website suryodayatextiles.com. Its registered office is in Meerut, Uttar Pradesh, India.

